Key Dates

 
    • Deadline
    • 12:00 Noon

    Binding Intent to Present

    Please note that the deadline is 12:00 noon deadline is firm and the poll will close shortly after 12:00 noon.
    ALSO NOTE: This is a binding commitment. We require this commitment so we can best assess and organize for Super Saturday. You will receive your official Super Saturday timeslot by 1:00 PM on Friday, April 4, 2014 via email.

  • Apr03
    • 3-4 Apr 2014
    • 3:30-7:30 pm

    Aldrich 108 is available for teams to “test drive” the A/V equipment.

    This is an opportunity for teams to drop in and briefly test the equipment prior to Super Saturday. 

  • Apr03
    • Deadline
    • 12:00 noon

    Hard copy deliverables due to Anamarie Farr in Rock 107

    Please note that the 12:00 deadline is firm.
    You will need to provide: (10) Ten copies of your Executive Summary (max 3 pages!) and (1) one copy of your PowerPoint presentation slide deck. You will be provided a team number which must also be included on the Cover Sheet. A copy of the Cover Sheet must be attached to each of the 10 copies of your Executive Summary, and must be visible simply by looking at your plan (i.e., should be the top page).  NOTE: you may have a separate agreement with your faculty supervisor for what you will submit to them if you are doing the plan as a for-credit field study.

  • Apr04
    • 3-4 Apr 2014
    • 3:30-7:30 pm

    Aldrich 108 is available for teams to “test drive” the A/V equipment.

    This is an opportunity for teams to drop in and briefly test the equipment prior to Super Saturday. 

  • Apr04
    • 4 Apr 2014

    Team Assignments

    Team pitch time and room assignments emailed out to all NVC Business Track teams for Super Saturday.

  • Apr05
    • Event

    Super Saturday!

    Live judging will occur from 8:45 AM until 12:00 PM.  Upon arrival to campus, please go directly to check-in, in front of Aldrich 112. Please check in at least 15 minutes before your scheduled pitch time. If you feel the need to have hard copies of your slide deck with you at your live pitch, you are welcome to bring them with you to distribute as back up. There will be approximately 6 judges in each room.

Please see the details that follow for more information on Super Saturday.

Any teams signed up by the February 5 deadline but who elect not to present are still eligible to receive reimbursement of up to $1,000 of legitimate experimentation expenses. However, if you choose NOT to present to judges on Super Saturday, you must still turn in an executive summary on April 3 to be eligible for this reimbursement.

Any team is eligible to submit a plan and present, even if you did not enter by February 5. However, you will not be eligible for experimentation expense reimbursement.

First Round Judging Overview

First round judging for the business track will take place on Super Saturday, April 5 from 8:30 AM until 1:00 PM.

All NVC Business Track teams will make live presentations to a panel of judges in an environment designed to simulate a 30 minute “pitch” meeting with potential investors. Teams will be evaluated based on their business concept, plan to execute, and the extent to which they have validated key assumptions of their model. By Friday, April 4 at 1:00 PM, each team will receive an email with their assigned presentation time and room assignment. 

Please plan to spend 30 minutes with a panel of judges as follows:

PART I 15 Minute Team Presentation to Judges
PART II 15 Minutes of Q&A and Feedback

Following the First Round judging on Super Saturday, 10 Semi-Finalist teams will be selected to proceed to the next round of evaluation in the Business Track.

Judges & Judging Criteria

Approximately 100 judges will help evaluate NVC Business Track entries as part of First Round judging on Super Saturday. The pool of judges will be comprised of investors, successful entrepreneurs, and a variety of experts. We attempt to match your entries/teams with a panel of judges with experience in a related domain area (e.g. software business ventures will be judged by venture capitalists active in the software space).

If you believe judges from any particular investment firm or company would have a conflict and should not see your presentation, please contact Anamarie Farr no later than March 25, 12:00 noon.

Information regarding First Round judges will not be distributed prior to Super Saturday.  Following the judging, all teams will be provided with a list of the judges that participated.

Judges will be asked to evaluate plans based upon their likelihood of actually becoming the basis of a viable business. This consideration, in turn, will include such factors as the degree of creativity and innovation embodied in the basic opportunity definition and business concept, the appropriateness of the strategy for exploiting the opportunity, the reasonableness of the plan for financing the business, the team’s ability to actually implement the plan, and the extent to which the team has validated key assumptions. Judges will make further distinctions based upon the potential of the business to create value although they will be explicitly instructed not to use the typical “venture capitalist” hurdle in evaluating the absolute size of the capital investment required to fund the business.

Plan Format

The required hard copy deliverables* for Super Saturday must include all elements outlined here.

  • To maintain eligibility in the Competition, you must submit:
    • (10) ten copies of your team’s Executive Summary 
      • with the required Cover Sheet on each copy, stapled
      • not to exceed 30 8.5 x 11" pages
    • (1) one copy of the slide deck presentation
Deliver all to Anamarie Farr in Rock Center 107 by 12:00 noon on Thursday, April 3, 2014. 

Finals judges use only your hardcopy deliverables to narrow the 10 semi-finalists down to 4 finalists, so your slide deck and executive summary must be able to stand on their own.


Presentation Format

While determining the format of the 15 minute presentation is up to each individual team, each group should develop materials with the objective of communicating their plan in a clear and concise manner. Judges will receive your executive summaries on the morning of Super Saturday, immediately prior to your presentation.  Careful thought should go into the planning and development of your live presentation since each group will only have 15 minutes to present a compelling argument as to the unique merits of its proposed venture.

You may have one or more of the team members present, but you should make your choice about how to handle this based upon your sense of how to most effectively communicate your plan to the judges. For teams with HBS and non-HBS team members, at least one HBS team member is required to be present, and the role(s) of the HBS students should be made clear.

Each of the classrooms used for judging will be equipped with an overhead projector and basic computer functionality. It is the responsibility of each team to bring any additional physical presentation resources they may require to the presentation as the New Venture Competition Organizing Committee will not be able to accommodate special requests. Teams are also encouraged not to rely on special computing needs or presentations that are exclusively computer-generated, i.e., we would strongly suggest that you bring a hard copy of the PowerPoint and be prepared to use the overhead projector/document camera if there are any computer glitches. Very limited technical assistance will be available during the judging and each minute spent attempting to configure technical resources to function in Aldrich will be subtracted from the team’s 15 minute presentation time.

On Thursday and Friday, 4/3 & 4/4 from 3:30-7:30 pm we have reserved Aldrich 108 if you wish to “test drive” the A/V equipment. This is not intended as a dry run of the presentation, but simply an opportunity to test the equipment. Please do not take any more than 10 minutes to allow time for everyone to have this opportunity.

Confidentiality

Teams are naturally concerned about the confidentiality of their plans. There are several things that we would encourage you to do to help preserve the confidentiality of your plan. Note that all of the judges are individuals who are active in the venture community and are used to preserving the confidentiality of ideas. We have asked them to treat your plans with the same respect as those they would encounter in the course of their business.

You may – if you wish – collect the copies of your executive summary at the conclusion of your presentation to the judges’ panel. We will inform the judges that we have allowed teams to do this, so that they will not be surprised if you do request your plans back.

If you believe judges from any particular investment firm or company would have a conflict and should not see your presentation, please contact Anamarie Farr no later than March 25, 12:00 noon.

Feedback

Each team that participates in the First Round judging on Super Saturday will receive feedback on their plan and presentation.

Each team will receive a brief written compilation of the judges commentary on their plan within one week of the Super Saturday event. While this commentary is not meant to be prescriptive (i.e. don’t assume that if you address the issues mentioned in your feedback form that your venture will receive funding), it will provide teams with some feedback so that they can refine their plan or presentation style to increase their effectiveness in the pursuit of real-world opportunities.

Notification of which ten teams were selected to advance to the Semi-Final Round will be announced to all Super Saturday participants via email as soon as they have been compiled (i.e. by Saturday evening).

Questions & Information

Meredith McPherron mmcpherron@hbs.edu
Peggy Yu pyu@hbs.edu
Joanne Chi Blotner jchiblotner@hbs.edu
Anamarie Farr afarr@hbs.edu

 

Most Frequently Asked Questions

Does my team have to participate in Super Saturday? and does an HBS student need to be present?

If your team wants to be eligible to advance to the Final Round of judging and compete for the Dubilier Grand Prize and the Satchu-Burgstone Runner-Up Prize, yes, you must participate in the Super Saturday First Round of judging.

On teams with HBS and non-HBS team members, at least one HBS team member is required to be present at Super Saturday (also see below).

When do we need to turn in our Executive Summary and Pitch Deck?

Ten (10) copies of your executive summary plus one (1) copy of your pitch deck (see above for details) must be submitted to Alice Moses in Rock Center 107 by 12:00 noon on Thursday, April 4 in order to be included in the Competition.

Who will see the information contained in our submission materials?

The information contained in your live presentation and written executive summary will be evaluated by a select group of judges comprised of venture capitalists and entrepreneurs. While every effort will be taken to preserve the confidentiality of your plan, it is suggested that any information your team considers highly sensitive be excluded from the submission documents. Technical drawings, formulae or other “proprietary” data need not be included in either presentations or executive summaries as the absence of highly technical data should not negatively impact a plan’s assessment in any material manner. You may request the copies of your materials back from the judges’ panel at the conclusion of your presentation.

Is the information contained in our plan and presentation confidential?

The HBS Honor Code applies to all faculty and students associated with the New Venture Competition. We ask the judges to conform to the same rules of confidentiality they normally use in the course of their business, but can make no representations about their actions. Reasonable measures to ensure the protection of your team’s intellectual property will be taken. Harvard University, Harvard Business School and the organizers of the HBS New Venture Competition cannot take further responsibility to protect the intellectual property or other rights of the contestants. Protection of such rights is ultimately the responsibility of each contestant. Contestants are urged to mark as “CONFIDENTIAL” any portion of their entries that they consider confidential.

Who will be in attendance at the first round judging event?

In order to protect the confidentiality of each team’s presentation, no outside spectators will be allowed in judging rooms while presentations are in process. The only people who will be present during a team’s presentation are individuals associated with Competition administration and the panel of judges, as well as anyone you would like to invite to hear your presentation.

When will our team find out if we’re progressing to the final round of judging?

Results from the First Round of judging will be compiled shortly after Super Saturday judging ends. A list of the ten teams selected as Semi-Finalists will be emailed to all Competition participants by Saturday evening.

The ten Semi-Finalist teams will receive further information following Super Saturday on the next round of Judging.

Can people who are not listed as official members of our team present on Super Saturday?

Yes. Your team can incorporate non-official team members into your live presentation if they are there for a clear purpose (i.e. to shed light on a technical aspect of your venture). Again, given the tight time limits, focus on conveying the plan efficiently.

Does my entire team have to present on Super Saturday?

No. Your team’s presentation can be made by as many or as few of the team’s members as you determine to be prudent, but at least one of the HBS students on your team MUST be present. However, because judges will be evaluating your team’s ability to work together and the group’s presentation style with regards to soliciting investors, teams should give careful consideration to the quantity and roles of the selected presenters.

Can I find out in advance which judges will be evaluating my plan?

In order to preserve the integrity of the Competition’s evaluative process, Super Saturday participants will not receive information on which judges will evaluate their executive summaries and presentations. Every effort will be made to match judges’ domain experience with the business idea’s area of focus. A list of the judges will be provided to teams after Super Saturday.

 
 More FAQs